Hot Listing

Handcrafted Cabinetry with Strong Profit Margins! (17944)

Asking Price$725,000

Cash Flow
$160,000

EBITDA$341,610

Gross Revenue$770,000

Inventory$80,000
Included in asking price
FF&E$150,000
Included in asking price
Real EstateNot Disclosed

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Hot Listing

Handcrafted Cabinetry with Strong Profit Margins! (17944)


Asking Price$725,000

Cash Flow
$160,000

EBITDA$341,610

Gross Revenue$770,000

Inventory$80,000
Included in asking price
FF&E$150,000
Included in asking price
Real EstateNot Disclosed


Seller Financing Available
Business Description
With the involved owner’s profit margins at 20%, this wood manufacturer and carpentry business focuses on custom handcrafted cabinetry. With fine craftsmanship, they design and install remarkable kitchen, office, closet, and commercial fixtures. Shipping nationwide, products include cabinets, countertops, shipping containers and associated hardware. Their high reputation and fully customized products have given them a strong market command as their process and attention to detail sets them apart from the pre-manufactured product providers. Their experienced team of 4 nonunion employees provide an expeditive turnaround time for their clients. The team members are likely to continue operations after the acquisition and the involved owner offers support and contact acclimation for a smooth transitioning. Situated in Central Illinois, the property is leased from ownership and available for purchase. With ample parking the warehouse facility measures 24,000 square feet. Currently, 14,000 sq ft is being used for this business with storage, production, retail, and office spaces. The other 10,000 sq ft is being leased out for rental income. The company’s foundation and facility offer many expansion opportunities such as an added website with eCommerce, additional employees to handle a larger service radius, and utilizing subcontractors for full remodeling services. Offered as a debt-free business, total revenues reached $770,000 in 2024 alongside Discretionary Earnings of $160,000. The business has historically maintained over $1M in sales with just 2 more employees but the seller is slowing down. Promotive efforts rely on visibility, direct sales, high ratings and verbal referrals from a large, repeating clientele. The company offers new ownership project diversity (Residential {54%}, Commercial {33%}, industrial {13%}) and strong relationships with major suppliers and builders. Do not hesitate to inquire about this fantastic opportunity, contact IAG today!
About the Business
Years in Operation
39
Employees
6
Facilities & Assets
Property is Leased and holds a 10,000-sq.ft. tenancy space for third party as rental income!
About the Sale
Seller Motivation
Age for retirement.
Transition Support
With cross-training and streamlined processes, expeditive turnaround client times and operations can continue post-acquisition as involved owner offers support for a smooth transitioning.
Financing Options
Standard SBA-term financing will be negotiable for qualified buyers.
Listing Info
ID
2236560
Listing Views
2102

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Listing ID: 2236560 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.